That 2019 Yale University study, discussed in “The Misperception of Racial Economic Inequality,” found that most Americans believe that Black households hold $90 in wealth for every $100 held by white households. The actual amount is $10. About 97 percent of the study participants overestimated Black-white wealth equality, and most assumed that highly educated, high-income Black households were the most likely to achieve economic parity with white counterparts. That is also wrong. The magnitude of the wealth gap only widens as Black people earn more income.
